COVER
APC Rumbles, Faction Attacks Buhari, Sacks Buni Committee
By Jude Opara, Abuja
A fresh crisis has engulfed the All Progressives Congress (APC) as a faction on Monday stated that it has sacked the Mai Mala Buni-led Caretaker Committee of the party.
Buni, who is also the Yobe State Governor, is Chairman, APC Caretaker/Extraordinary National Convention Planning Committee (CENCPC) which was appointed in June 2020 with the mandate to organize a national convention of the party in six months’ time.
In a press conference in Abuja on Monday, the faction under the aegis of Progressive Youths Movement (PYM), which said President Buhari’s style of leadership of the party was doing more harm than good, announced Mustapha Audu as Buni’s replacement.
The faction equally announced the formation of a National Reconciliation Committee (NRC) with a mandate to reconcile aggrieved members before the party’s national convention slated for February, 26, 2021.
Audu, the purported new Caretaker Committee Chairman, carpeted the current zoning arrangement of the party’s offices ahead of the national convention and inaugurated a new National Working Committee that would fashion out a new zoning arrangement for party positions that would be contested for at the national convention of the party.
In inaugurating the new committee, Audu said, “Today we are here to inaugurate the PYM – CENCPC, these young men and women of noble repute have been carefully selected and mandated by all well-meaning young stakeholders of our great party the APC to plan and execute our convention before the end of February 2022.
“We are aware of the plethora of issues within the party. Our party has had a history of shying away from true reconciliation and in many cases inflicting chastisement on members that should have been rewarded for their effort towards building the APC.
“We will also be setting up a reconciliatory committee to help reconcile aggrieved members within the party. It is clear that in the last couple of years the party has been on a regressive course and it is necessary for all well-meaning party members to roll up our sleeves and do the needful to ensure that we correct the mistakes that have been made to ensure
victory in 2023 for all stakeholders.
“I would advise all party members to look inwards and understand the need to do things differently so that we can ensure we win back the trust of the Nigerian people as we move closer to the election year.
“Let’s join hands and strengthen the internal democracy in our dear party, the APC and show Nigerians that we have what it takes and we deserve their votes in 2023.”
In a swift reaction, however, the Buni-led CENCPC in a statement signed by its National Caretaker Secretary, Senator John Akpanudoedehe, described the new faction as a “paid and misguided group.”
Akpanudoedehe further described the action of the new faction as a treason by paid agents hired by those whose intention is to destroy the party and the efforts of the President Buhari government.
According to Akpanudoedehe: “We have received several enquiries from the media and concerned APC members on the felonious activities of a purported group parading, themselves as “Progressive Youth Movement.
“The purported group and its membership are unknown to the party, its structure or as a registered support group. Hence, we completely disown them and cannot account for their activities or join issues with them.
“However laughable, the criminal attempt of the purported group to usurp the leadership of the President Muhammadu Buhari-led APC, now bothers on treasonable felony. Relevant security bodies must now check and address their unscrupulous activities.
“The attention the purported group seeks will not be given to them by the party. We can only advise that the general public completely disregards them. Members of this group are not registered members of the APC and are being used by opposition elements and fifth columnists to cause confusion.
“As widely reported, the successful meeting between the APC leadership, Progressive Governors’ Forum and the president produced February 2022 as the time frame for the party’s national convention. Our focus now is preparing the ground for a rancour-free exercise.”
COVER
281 Inmates Missing from Custodial Centre after Borno Flood
By David Torough, Abuja
Nigerian Correctional Service (NCoS) has declared 281 inmates missing from the Medium Security Custodial Centre, Maiduguri, Borno State.
NCoS said this followed an evacuation after the flood that engulfed the state capital.
A statement onby the Service Public Relations Officer (SPRO), Mr Abubakar Umar yesterday in Abuja said seven other inmates had been recaptured.
Umar said that the service was in custody of the details of the missing inmates, including their biometrics.
“The flood brought down the walls of the correctional facilities, including the medium security custodial centre Maiduguri (MSCC) as well as the staff quarters in the city.
“Upon the evacuation of inmates by officers of the service with support from sister security agencies to a safe and secure facility, 281 inmates were observed to be missing.
“However, it is important to note that the service is in custody of their details, including their biometrics, which is being made available to the public.
“The service is working in synergy with other security agencies as both covert and overt deployments have been activated to look out for them.
“Presently, a total of seven (7) inmates have been recaptured and returned to custody, while efforts are on ground to track down the rest and bring them back to safe custody.“While this effort is on, the public is assured that the incident does not impede or affect public safety,” he said.
COVER
NNPCL Lifts Petrol from Dangote at N898 Per Litre
By Tony Obiechina, Abuja
After controversies, trucks from the Nigerian National Petroleum Corporation Limited (NNPCL) yesterday lifted petrol from the Dangote Refinery.
NNPCL revealed that Dangote Refinery sold the fuel at N898 per litre.
The national oil company began loading yesterday after moving about 300 trucks to the 650,000 capacity refinery Dangote Refinery located in Ibeju-Lekki, Lagos State.
Its spokesman, Olufemi Soneye was quoted as saying, “We successfully loaded PMS at the Dangote Refinery today [Sunday].
”“The claim that we purchased it at N760 per liter is incorrect.
“For this initial loading, the price from the refinery was N898 per liter.
”At least, over 70 trucks had loaded at the time of this report.
This marks an end to the month-long debate over the quality and sale of the Dangote petrol.
Speaking to newsmen at the refinery, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin described the commencement of the petrol lifting moment of pride to every Nigerian.
He said, “My President has been showing presentations that 52 years ago, we were trying to see how to solve the problem of PMS supply and the queues. Now, after 52 years, we have a solution.
“And the solution is local production of PMS and it is from a Nigerian oil company. And as EPC contractor, it was constructed by a Nigerian company.
“So, it’s a matter of pride that a Nigerian oil company, constructed by a Nigerian-owned company, is able to generate PMS from the local crude and daily will not only to meet the entire requirement of Nigeria, but can also have surplus to export. So, it is a time and moment of great pride to every Nigerian.”
Edwin said 44 percent of the PMS production from the Dangote refinery can meet the requirement of the entire country.
“If you look at the refinery as a whole, PMS alone, every day, 650,000 barrels of crude if we’re processing, we can generate more than 54 million litres of PMS.
“And, of course, the refinery has the capacity to produce various other products too. 44% of the production can meet the entire requirement of the country, 56% of the production has to be exported. “So, it is a huge refinery. So, it is not only going to be doing import substitution, but it is also going to make Forex generation through export revenue.
“The gantries are actually 86 and they can load 86 trucks at a go,” he said.
Last Friday, in Abuja, a member of the Presidential Committee on the Sale of Crude Oil and Refined Product and Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji confirmed that the NNPCL remains the sole buyer of petrol from the Dangote refinery while willing off-takers are free to lift diesel and other products from the refinery.
According to Adedeji, the NNPCL would further distribute to other independent marketers after lifting from the refinery.
He said the nation’s oil company will commence the sale of crude oil to the Dangote refinery in naira from October 1.
COVER
CBN Issues 30-day Deadline to Payment Service Providers on PoS Transactions
By Tony Obiechina, Abuja
Central Bank of Nigeria (CBN) has issued a new directive to Payment Service Providers (PSPs), requiring them to comply with enhanced routing guidelines for Point of Sale (PoS) transactions.This move is aimed at strengthening the monitoring of electronic transactions across Nigeria.
The directive issued on Wednesday aims at strengthening the monitoring of electronic transactions across Nigeria following CBN’s initiative to diversify the Payment Terminal Service Aggregator (PTSA) structure, which previously operated through a single aggregator. In a circular signed by Oladimeji Yisa Taiwo on behalf of the CBN Payments System Management Department, the apex bank mandates that all PoS transactions from merchant and agent locations—whether physical or electronic—must now be routed through any CBN-licensed PTSA.The directive is part of efforts to decentralize PoS transaction routing and address concerns over the centralization of such transactions under a single entity.In Aug. 2011, the CBN initially granted a PTSA license to the Nigeria Interbank Settlement System (NIBSS) Plc to serve as the sole aggregator of PoS transactions.However, to promote competition and enhance service delivery, the CBN awarded a second PTSA license to Unified Payment Services Limited (UPSL) on April 19.This development aims to reduce the dependence on a single aggregator for the management of PoS transactions, promoting transparency and operational efficiency in Nigeria’s growing electronic payments landscape.